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IN BRIEF: Anglo American unlocking "sterilised" copper resources

29th Oct 2024 16:06

Anglo American PLC - London-based miner - Says it has found innovative ways to "unlock" many of the world's undeveloped copper resources "sterilised" due to environmental and community constraints. "While each undeveloped resource has its own physical and social characteristics, we have shown what can be achieved when genuine dialogue, collaboration and trust are combined with the required technical and sustainability competencies built up over time to deliver profitable outcomes and enduring value for - stakeholders," says Helena Nonka, Anglo American's strategy & sustainability director.

Using water as an example, Patricio Hidalgo, chief executive officer of Anglo American in Chile, says the miner has delivered innovative water solutions, such as integrated water security project at Los Bronces and the rollout of patented hydraulic dewatered stacking technology at El Soldado. "Both are critical to our licence to operate, while we expect HDS has the potential to transform the nature of tailings and land rehabilitation in our industry, demonstrating to shareholders, communities, governments and customers what responsible mining really can look like."

Current stock price in London: 2,478.50 pence, up 0.7% on Tuesday afternoon

12-month change: up 18%

Current stock price in Johannesburg: ZAR57.13, up 0.5%

12-month change: up 19%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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